Indian Economy MCQ-229

Indian Economy MCQ UPPSC,MPPSC,CGPSC,HPPSC,APPSC,TNPSC Exams

Who was the Chairman of the 13th Finance Commission of India?

Indira Rajaraman

C Rangarajan

Vijay Kelkar

None of the above

Consider the following statements1. India is the second largest producer of fish in the world. 2. India is the largest producer of inland fishes in the world. Which of the statements given above is/are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Who presented the first Union Budget of Independent India?

Morarji Desai

John Mathai

RK Shanmukham Chetty

NK Chanda

Which one of the following does not belong to group of other three?

Gas and electric supply sectors

Mining and quarrying sectors

Fishing and forestry sectors

Water supply sector

Who was the Chairman of the Sixth Pay Commission established by Indian Government?

C Bangar

BN Srikrishna

C Rangarajan

None of these

Since Independence, both plan and non-plan expenditures have increased, the increase in non-plan expenditure is little more than the former. Which one of the following expenditure causes the increase in non-plan-expenditure and select the correct answer using the codes1. Interest payment2. Subsidy3. IrrigationCodes

1, 2 and 3

1 and 2

1 and 3

Only 2

Which one of the following correctly explains the underdeveloped nature of the economy of India? 1. Inequitable distribution of income. 2. High unemployment in the economy. 3. Slow rate of increase in national income. 4. Slow rate of growth of road infrastructure. Which of the statements given above is/are correct?

1,2, 3 and 4

1,2 and 3

2 and 3

3 and 4

Which one of the following statements is correct?

Indian economy is a mixed economy with both private and public sectors playing significant role

Indian economy is a capitalist economy with the private sector playing major role in development

Indian economy is a socialist economy where all the sectors of the economy is run by the government

None of the statements given is correct about Indian economy

Consider the following statements1. The employment generated by the agriculture and allied sector in Indian economy in pre-reform period was more than the tertiary sector. 2. In post reform period, the employment generated by the primary sector is less than 25%.Which of the statements given above is/are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

What is the percentage of the constituent of the population of the working age group (15-64 years) in the Indian economy?

Less than 25%

Less than 50%

More than 50 %

More than 75%

Consider the following statements1. The employment generated by the public sector after the economic reform in 1990s is more than 5%.2. The un organised sector of the Indian Economy generates more than 80% of the total employment. Which of the statements given above is/are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Consider the following statements1. National Highways comprise 20% of the total length of roads. 2. National Highways carry over 40% of the total traffic across the length and breadth of the country. Which of the statements given above is/are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Which one of the following missions given below is the main submission of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM)?

Integrated Housing and Slum Development Programmes (IHSDP)

Development of Women and Children in Urban Areas (DWCUA)

Basic Services to the Urban Poor (BSUP)

Both ‘a’ and ‘c’

With what purpose is the Government of India promoting the concept of ‘Mega Food Park’? 1. To provide good infrastructure facilities for the food processing industry. 2. To increase the processing of perishable items and reduce wastage. 3. To provide emerging and eco-friendly food processing technologies to entrepreneurs. Which of the statements given above is/are correct?

1, 2 and 3

1 and 3

2 and 3

Only 1

Consider the following statements1. Ultra Mega Power Projects (UMPPs) are coal-based super critical power projects. 2. UMPPs are capable of generating about 400 MW with each project. Which of the statements given above is/are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Which one of the following National Highway Development Projects is proposed to develop the standalone Ring Roads based National Highways?

National Highway Development Project Phase-ll

National Highway Development Project Phase-IV

National Highway Development Project Phase-VI

National Highway Development Project Phase-VI I

Which one of the following sequences is the correct sequence about the power generation by power sources? 1. Hydroelctric 2. Nuclear 3. Thermal4. Bhutan import Select the correct answer from codes given below

1,3,2,4

1,3, 4, 2

3, 2, 1,4

3, 1,2, 4

Consider the following statements1. Less than 70% of the country’s trade by volume is moved by sea. 2. India has the largest merchant shipping fleet among the developing countries. Which of the statements given above is/are correct?

Only 1

Only 2

Both 1 and 3

Neither 1 nor 2

Which one of the following statements is/are correct about the Pradhan Mantri Gram Sadak Yojana (PMGSY)?

It provides connectivity to all the unconnected habitations of more than 1000 persons in the rural areas by good quality all-weather roads

It was launched in 2005 as a fully funded centrally sponsored scheme

It provides connectivity to all unconnected habitations of more than 250 persons in the hilly and desert areas by good quality all-weather roads

Both a and c

Consider the following statements1. NTPC is the largest power utility in India. 2. ONGC accounts for half of the LPG production in India. 3. IOC operates all the refineries in India. 4. The India Ordinance Factory is the largest departmentally run industrial undertaking in the country. Which of the statements given above is/are correct?

1, 2, 3 and 4

1, 2 and 3

2 and 3

1 and 4

Which one of the following areas is associated with Shale gas which is estimated to be abundantly found in India?

Off-shore rocks

Ignitions rocks

Sedimentary rocks

Marsh land

Consider the following statements1. In India, the railway finance remains separated from general revenues since 1924- 2. Indian Railway exports rolling stock to other countries and non-railway customers. Which of the statements given above is/are correct?

Consider- the following statements1. Airports Authority of India (AAI) was constituted by merging National Airports Authority (NAA) and International Airports Authority of India (IAAI). 2. Airports Authority of India (AAI) maintains and operates around 125 airports. Which of the statements given above is/are correct?